🚧 Beginners Guide for Trading 🚧
As the start of this bull market🚀 many new members are keep adding into this crypto space having high expectations and emotions to take profits of their investments.
📌Here are few things to keep on Mind before you click on Buy/sell.
🔸"Always keep an eye on the trend of market"
You have to be vigilant about the trend whether the its an uptrend or downtrend
don't instant buy/sell on these both trends, wait for the market to settle and wait for a next signal.
🔸"keep your emotions in control"
don't take decisions based on your emotions, while market is fluctuating very much keep your emotions cool and don't take instant buy/sell decisions.
🔸"Only invest in trusted coins"
like $BTC $ETH $BNB etc you can check their information in the binance information columns many coins are now trusted but check for their Mcap and other information.
🔸"Only invest the amount you are able to loose"
This market is so volatile, we cannot predict what happens next, any coin could be at its good position and suddenly after some liquidations it will fell down. so, only invest the amount you can able to lose.
🔸"Make smart Moves"
You can calculate your profit and make your exit/entry plans.. Don't try to peak sell or buy lower dips as these points are for very short periods we can't catch them with placing a bot. So avoid too much greed and stick to your plan.
These are some very basic and fundamental tips to ride in the waves of crypto market to avoid heavy losses or missing opportunities
Stay blessed and be vigilant💪
